Jhancock Multimanager Correlations

Jhancock Multimanager Correlation With Market

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jhancock Multimanager 2065. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations    LMUSX + 0.98 OPTCX TQAAX + 0.96 LMUSX TQAAX + 0.94 OPTCX TQAAX + 0.9 VOLJX LMUSX + 0.86 VOLJX OPTCX + 0.84 VOLJX

High negative correlations    LMUSX - 0.44 MFTFX OPTCX - 0.42 MFTFX BBIIX - 0.33 LMUSX BBIIX - 0.3 OPTCX TQAAX - 0.29 MFTFX BBIIX - 0.23 TQAAX

Risk-Adjusted Indicators

There is a big difference between Jhancock Mutual Fund performing well and Jhancock Multimanager Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Jhancock Multimanager's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.